Colossal Reversion

The Colossal Reversion EA is an algorithmic trading system designed for the EURUSD currency pair on the 15-minute timeframe. It is based on the concept of mean reversion, which assumes that prices tend to revert to their historical average over time. The system incorporates a combination of technical indicators to identify trading opportunities and manage risk dynamically.

Key Features

1. Automated Trading Strategy:

   • The system identifies potential trading opportunities when prices deviate significantly from their average and executes trades as prices revert to the mean.

2. Indicator-Based Framework:

   • The system uses Bollinger Bands to measure volatility and identify price extremes.

   • The Average True Range (ATR) is used to adjust stop-loss levels and recovery trade thresholds based on current market conditions.

3. Risk Management:

   • The system includes a recovery mechanism to manage trades that move against the initial position.

   • Trading is paused during periods of high spreads to protect profitability.

   • The system avoids opening new trades on Fridays to reduce exposure to weekend market risks.

4. Customizable Settings:

   • Users can adjust parameters such as lot sizes, profit targets, and trade directions to suit their preferences.

How It Works

• Entry Conditions:

  • Trades are initiated when prices approach the middle line of the Bollinger Bands and volatility is low.

  • A confirmation mechanism ensures that the mean is stable before entering a trade.

• Recovery Mechanism:

  • If a trade moves against the initial position, the system opens additional trades at predefined levels to manage risk.

• Profit-Taking:

  • All positions in a direction are closed when a user-defined profit target is reached.

Risk Considerations

• Trading leveraged financial instruments involves significant risk, and it is possible to lose part or all of your investment.

• The recovery mechanism increases position size during losses, which may amplify drawdowns.

• Users are advised to test the system on a demo account to evaluate its compatibility with their risk tolerance and trading goals.

System Requirements

• A minimum account size is recommended to ensure safe margin management.

• The system is optimized for the EURUSD currency pair on the 15-minute timeframe.

• Low spreads and fast execution are recommended for optimal performance.